insuranceNEWS.com.au - All newsGeneral insurance and financial services news from Australia and around the worldhttps://www.insurancenews.com.au/en-auIndustry profits strong as challenges loomhttps://www.insurancenews.com.au/local/industry-profits-strong-as-challenges-loomhttps://www.insurancenews.com.au/local/industry-profits-strong-as-challenges-loom<p>The general insurance industry remains in a strong financial position but softer commercial lines, inflation pressures and fewer reserve releases will test margins looking ahead, the annual Taylor Fry Radar report says...</p>Wed, 30 Sep 2026 06:01:24 GMTLife insurers address mental health in code review responsehttps://www.insurancenews.com.au/life-insurance/industry-addresses-mental-health-challenge-in-code-review-responsehttps://www.insurancenews.com.au/life-insurance/industry-addresses-mental-health-challenge-in-code-review-response<p>Life insurers have stressed the need for &ldquo;appropriate product design flexibility&rdquo; to keep mental health cover affordable and accessible as the industry takes its overhaul of its code of practice to the next phase following a review...</p>Wed, 30 Sep 2026 06:00:00 GMTMake-safe required even though claim excluded: AFCAhttps://www.insurancenews.com.au/daily/insurer-should-have-carried-out-make-safe-even-though-claim-excluded-afcahttps://www.insurancenews.com.au/daily/insurer-should-have-carried-out-make-safe-even-though-claim-excluded-afca<p>An insurer has been ordered to cover secondary roof damage to a beachside home after the industry ombudsman found it should have carried out temporary make-safe works &ndash; even though it was entitled to reject the original claim for problems caused by nesting birds...</p>Wed, 30 Sep 2026 03:38:26 GMTINsight podcast: what's the deal with ACCC, IAG and RAC?https://www.insurancenews.com.au/the-professional/insight-podcast-whats-the-deal-with-accc-iag-and-rachttps://www.insurancenews.com.au/the-professional/insight-podcast-whats-the-deal-with-accc-iag-and-rac<p>The Australian Competition and Consumer Commission's decision to block IAG's proposed acquisition of RAC Insurance is one of the main topics discussed on the Insurance News podcast...</p>Wed, 30 Sep 2026 02:40:22 GMTZurich publishes first local risk indexhttps://www.insurancenews.com.au/local/zurich-publishes-first-local-risk-indexhttps://www.insurancenews.com.au/local/zurich-publishes-first-local-risk-index<p>More than one in five Australians is facing significant vulnerability, with financial security the strongest factor affecting overall resilience, according to a new index launched by Zurich...</p>Tue, 29 Sep 2026 06:51:26 GMTAction urged on masked home risk signalshttps://www.insurancenews.com.au/local/action-urged-on-masked-home-risk-signalshttps://www.insurancenews.com.au/local/action-urged-on-masked-home-risk-signals<p>The Insurance Contracts Act should be amended to require companies to give clear information on reasons for premium increases, ensuring the risk signal supports resilience and helps affordability, a report on home and contents renewals says...</p>Tue, 29 Sep 2026 06:43:29 GMTHalf-year intermediated premium exceeds $21 billionhttps://www.insurancenews.com.au/local/half-year-intermediated-premium-exceeds-21-billionhttps://www.insurancenews.com.au/local/half-year-intermediated-premium-exceeds-21-billion<p>General insurance intermediaries including brokers placed business worth about $21.87 billion in premium for the half year to June, according to Australian Prudential Regulation Authority data released today...</p>Tue, 29 Sep 2026 05:48:32 GMTNIBA finalising code after extensive feedbackhttps://www.insurancenews.com.au/local/niba-finalising-code-after-extensive-feedbackhttps://www.insurancenews.com.au/local/niba-finalising-code-after-extensive-feedback<p>The National Insurance Brokers Association says the board will finalise its new code of practice in coming weeks, after receiving more than 300 pieces of feedback...</p>Tue, 29 Sep 2026 05:41:52 GMTHow to fix 'fragmented, failing' communication – sign up for free webinarhttps://www.insurancenews.com.au/the-professional/how-to-fix-fragmented-failing-communication-sign-up-for-free-webinarhttps://www.insurancenews.com.au/the-professional/how-to-fix-fragmented-failing-communication-sign-up-for-free-webinar<p>A free Insurance News webinar will break down how insurers can turn around communication with customers that too often is "fragmented and failing"...</p>Tue, 29 Sep 2026 05:34:06 GMTReport calls for ‘effective intervention’ to counter rising disaster cost  https://www.insurancenews.com.au/local/report-calls-for-effective-intervention-to-counter-rising-disaster-costhttps://www.insurancenews.com.au/local/report-calls-for-effective-intervention-to-counter-rising-disaster-cost<p>Increasingly frequent and severe natural disasters over the next 40 years will pose significant risk to the economy, a federal government forward-looking report has warned...</p>Mon, 28 Sep 2026 05:04:02 GMTDual event raises vital charity fundshttps://www.insurancenews.com.au/the-professional/more-than-170-brokers-and-lawyers-gathered-at-penthouse-luminare-in-melbourne-for-insurer-dual-australia-s-melbourne-charity-eventhttps://www.insurancenews.com.au/the-professional/more-than-170-brokers-and-lawyers-gathered-at-penthouse-luminare-in-melbourne-for-insurer-dual-australia-s-melbourne-charity-event<p>More than 170 brokers and lawyers gathered at penthouse Luminare in Melbourne for insurer Dual Australia&rsquo;s Melbourne charity event...</p>Mon, 28 Sep 2026 05:01:21 GMTResonate innovation summit returns for third yearhttps://www.insurancenews.com.au/insurtech/resonate-innovation-summit-returns-for-third-yearhttps://www.insurancenews.com.au/insurtech/resonate-innovation-summit-returns-for-third-year<p>The Resonate insurance innovation summit will next month bring together industry leaders, experts and innovators in Auckland to discuss trends, challenges and opportunities...</p>Mon, 28 Sep 2026 04:57:20 GMTQBE promotes Groves to Australia Pacific headhttps://www.insurancenews.com.au/corporate/qbe-promotes-groves-to-australia-pacific-headhttps://www.insurancenews.com.au/corporate/qbe-promotes-groves-to-australia-pacific-head<p>QBE has appointed Jonathan Groves as CEO Australia Pacific, effective from the start of November, following more than a decade with the company in a number of senior roles...</p>Mon, 28 Sep 2026 04:24:58 GMTIAG continues battle to complete RAC dealhttps://www.insurancenews.com.au/corporate/iag-continues-battle-to-complete-rac-dealhttps://www.insurancenews.com.au/corporate/iag-continues-battle-to-complete-rac-deal<p>IAG will pursue its next avenue for convincing the regulator that its proposed RAC Insurance acquisition should be cleared, potentially extending the process into next year...</p>Mon, 28 Sep 2026 04:24:50 GMTChoosi pauses comparison service after court rulinghttps://www.insurancenews.com.au/corporate/choosi-pauses-comparison-service-after-court-rulinghttps://www.insurancenews.com.au/corporate/choosi-pauses-comparison-service-after-court-ruling<p>Choosi has paused its insurance comparison service while it assesses the portal after the Federal Court ruled the comparator misled consumers about its life and funeral insurance comparison service...</p>Mon, 28 Sep 2026 04:19:47 GMTUAC crowns first Kurt Nilsen award winnerhttps://www.insurancenews.com.au/the-professional/uac-crowns-first-kurt-nilsen-award-winnerhttps://www.insurancenews.com.au/the-professional/uac-crowns-first-kurt-nilsen-award-winner<p>CHU Underwriting Agencies national customer service team leader Anna Zeeng has been named inaugural winner of the Kurt Nilsen Entrepreneurial Spirit Award...</p>Mon, 28 Sep 2026 04:10:12 GMTFormer Zurich marine head joins QBEhttps://www.insurancenews.com.au/the-professional/former-zurich-marine-head-joins-qbehttps://www.insurancenews.com.au/the-professional/former-zurich-marine-head-joins-qbe<p>QBE Insurance has hired James Butchart as national portfolio specialist for marine and aviation...</p>Mon, 28 Sep 2026 04:10:06 GMTInsurance revenues support stronger RAC resulthttps://www.insurancenews.com.au/corporate/insurance-revenues-support-stronger-rac-resulthttps://www.insurancenews.com.au/corporate/insurance-revenues-support-stronger-rac-result<p>WA motoring club RAC Group has reported an increased net profit for the past financial year, including a stronger insurance contribution...</p>Mon, 28 Sep 2026 04:09:41 GMTJohns Lyng subsidiary cleared for Steamatic franchisee investment https://www.insurancenews.com.au/corporate/johns-lyng-subsidiary-cleared-for-steamatic-franchisee-investmenthttps://www.insurancenews.com.au/corporate/johns-lyng-subsidiary-cleared-for-steamatic-franchisee-investment<p>Johns Lyng subsidiary Steamatic Australia can proceed with buying an 80% stake in a regional franchisee without notifying the competition watchdog...</p>Mon, 28 Sep 2026 04:09:25 GMTGet ready for El Nino, says WFIhttps://www.insurancenews.com.au/local/get-ready-for-el-nino-says-wfihttps://www.insurancenews.com.au/local/get-ready-for-el-nino-says-wfi<p>Rural and regional communities need to prepare for anticipated extreme heat this spring and summer, driven by one of the strongest El Ni&ntilde;o events on record, farm insurance specialist WFI, part of IAG, warns...</p>Mon, 28 Sep 2026 04:08:55 GMT